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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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The DRC’s cost competitiveness comes from its relatively cheap access to land and low engineering, procurement and construction, or EPC, cost compared to the US, Poland and China. —James Frith, head of energy storage at BNEF. European cell manufacturers currently rely heavily on China for battery precursors.

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